Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Profit taking at this range now , liquidity is right though due to TEKs holding , large buys will excellerate the SP significantly imho
Looks like this is taking the right direction. Considering the high blood pressure epidemic in the world, and the role salt plays in it, I have very high hopes for this.
Further strengthening of the IP , be good to see the other Patents come through now in quick order
Gently creeping back to test £1.00 could quickly accelerate then.
Also in the news again today about UK school children receiving far too much sodium from school meals , I would like to know if Rick and the team are talking to DEFRA and the Schools Minister
Looking back on Ricks last interview in 4th May your u get the feeling strong news is not far away , remember what he said 10 country's actively involved in testing and marketing
Janet2007
you got the 90p desire but it was the day after
Baf , think your right the liquidity due to Teks holding is very low , IV been offered good money since the open on all my holding
Market makers short of stock current demand will see this move significantly higher in my view
Another good move up this morning 87.50p +8p (10.06%) with a good 90K of shares traded on the 1st hour
Looks like some good news leaking out with the rises over the past few days
Buckle up! This one goes far and fast when it breaks (like today)....120p+ last time
Janet / re - 90p today
DO NOT OVER DO it on your estimates, there is always tomorrow
Yes UMR and SALT BOTH BREAKING OUT .....can we see 90.00+ today would be a fab day
78p +12.50pp +18.52%
Keeps moving higher as the volume has reached places not seen for some time 234K
Maybe some good news coming regarding another customer? 🤞
Things are looking better today, though the price is back to the 67.50 to 72p movement lasting a while, if managing to break that then the move up to 90p will be the next route. A good volume buying today could break that.
Chart with volume.. http://uk.advfn.com/p.php?pid=staticchart&s=L%5ESALT&width=600&height=255&p=2&t=1&dm=2&vol=1&cb=
Great article in Shares magazine today selecting Microsalt as one of its shares for blue sky potential.
GLA
Https://patents.google.com/patent/US9491961B2/en?oq=9%2c491%2c961
as a result of the most recent application granted to Microsalt...
https://patents.google.com/patent/US20210037865A1/en?oq=US+2021%2f0037865+A1
where it is cited.
The US9491961 document makes for an interesting read in as much as its description, which seems to offer greater clarity compared to the Microsalt one, of the resulting product suggests that hollow spheres of salt, presumably bound by the carrier are formed.
The compositions proposed, 15g salt vs 1g carrier per 100mL solvent the solvent being water, is also interesting. Microsalt's web pages suggest that their raw product only achieves a 50% reduction in salt and this alternative seems to be much better.
US9491961 also details the addition of other flavourings, onion, basil and chilli for example, to the product. I was wondering why Microsalt have not considered a similar extension of their product but I suppose that this 2015 patent is still in force so there is not much they could do in terms of being inventive and the presence of that granted patent might stop them anyway unless they made deals.
On top of that US9491961 specifically mentions a product specifically intended for use in the production of bread. Here they are using fats to make the product insoluble. I had wondered about the Microsalt product dissolving in water. It looks like these other people may have got there first.
Going back to...
https://www.lse.co.uk/media/SALT/rick-guiney-ceo-of-microsalt-explains-why-they-are-targeting-the-largest-food-b2b-manufacturers-66mp9ug6nr2vngy.html
Rick Guiney seems to get a bit excited about the news that a bread manufacturer woke them up to this possibility which seems a bit odd given a Patent cited in their own Patent told them that was possible. Perhaps Rick does not pay too much attention to what is going on elsewhere,,,
Sorry it was Konrad Dobrowski...
https://youtu.be/H3nM2EPMdsI?t=764
Obviously my concerns here are that although Microsalt may have a certain level of IP protection when compared to what else is or may be available via research papers and IP held by other entities they may not be on solid grounds in respect of protection given other routes appear to be available and in some cases appear to be closed off to them.
Ultimately it appears that the business is very much dependent on time to market and first mover advantage and the concern should be that there is the possibility that once they have made others aware of the possibilities those customers might look for other or more extensive solutions and abandon Microsalt.
I believe they do mention such possibilities in their listing prospectus and, hunting about the place, those warning appear to be very real.
Feels like any sort of news regarding new contacts and this will pop !
Anyone else see McDonald's have changed their burger recipe?????? Now that would be a scoop
Https://sci-hub.se/https://doi.org/10.1016/j.powtec.2020.09.079
"Size-dependent enhancement in salt perception: Spraying approaches to
reduce sodium content in foods."
Available online 02 October 2020
Deals with the use of Spray Drying, SD, and Electrostatic Drying, ED. as means of controlling the size of salt particles. A carrier, e.g Maltodextrin, is not used. Also mentions measurements of adherence of product to a substrate, Potato Chips. Carr index and Hausner ratio.
MicroSalt's methods in particular related to crystal size appear to be an area of active research. In particular the authors note a significant increase in adhesion for particles produced by SD and ED, very cohesive.
Again this does not use a carrier so it is difficult to do a like for like comparison. The authors give a salt equivalent for product on substrate, Potato Chip, with the control, presumably untreated salt, being at a level of 1.5% w/w whilst achieving 2-3 times more saltiness, perception thereof, for SD at 0.62% w/w and ED at 0.52% w/w.
MicroSalt's raw product, salt on carrier, is suggested to achieve a 50% equivalent salt content but this will be before application to a substrate, Potato Chip, which will represent much less product and therefore salt equivalent. The Authors product appears to achieve increased saltiness at a 30% equivalent salt content.
If you consider that the control at 1.5% w/w were to be indicative of standard flavouring practice then the results achieved by the authors would seem to be equivalent to those achieved by MicroSalt if not better.
The methods used by the authors do not appear infringe on any Patents, filed or granted, to MicroSalt in that they do not use a carrier.
Of course that carrier may be intrinsic to the overall manufacturing process in terms of product transport and flow during manufacture. Again MicroSalt make much of the adhesion of their product to the substrate and claims of reduced contamination.
However the authors also note significant gains at least in respect of adhesion which, when including electrostatic application, might be expected to match the claims made by MicroSalt.
The basic bottom line is that this is an active area of research with numerous methods under investigation to, in particular, reduce the size of salt crystals applied to a product in order to enhance perceived saltiness. As a result there is a possibility that MicroSalt may be heavily reliant on being first to market as others play catch up.
the following is a q1 2024 update from microventures regarding your investment in microsalt.
dear microsalt investors,
you may already be aware that microsalt plc filed and completed an ipo on the aim market of the london stock exchange in february of this year. the company raised £3.1 million at a £18.5 valuation.
microsalt, inc. sold preferred series seed shares via a reg cf offering that concluded in 2022; you invested in microsalt inc. during this offering. it is our understanding that microsalt inc. did a reverse merger into microsalt ltd., which is the entity that went public on the london stock exchange as microsalt plc under the ticker "salt".
you can read more about the ipo here and here.
we have asked the company for additional information and thus far have only received the following:
the ************** was initiated by microsalt ltd., the largest shareholder of microsalt inc., which owned 77.83% of microsalt inc. at the time of the offer. the ************** offer was made by microsalt ltd. to certain other large shareholders of microsalt inc., who were all accredited investors at the time of the offer. microsalt inc. was and is not a party to the ************** agreement, it is between microsalt ltd. and the other shareholders. there is no agreement nor requirement for microsalt ltd. to make the offer to all the other shareholders of microsalt inc. notwithstanding that there was no obligation to make an offer to all the other shareholders of microsalt inc.
the terms of the exchange were determined by microsalt ltd. and offered to several of the larger shareholders, who confirmed that they were accredited investors, and some of them accepted the offer.
the offer is now closed and therefore the terms of the previous offer and the pro forma cap table is not relevant. after the consummation of the transaction, microsalt ltd. will own between 87% and 91% of microsalt inc. the remaining shareholders of microsalt inc. will continue to own the exact amount of shares that they owned when they bought the shares and the rights and percentage of ownership in microsalt inc. will in no way change. the shareholders of microsalt inc. will have the same liquidity in microsalt inc. that it had prior to the exchange.
most microsalt inc. reg cf investors were not part of the ipo, but a few investors have told us that they had the opportunity to convert their series seed preferred shares in the ipo. microventures received shares in microsalt inc. as part of the offering. we did not elect to convert due to limited clarity from the microsalt group and what that outcome would be for all investors on our platform. since august of last year, we have requested details from the company on what this ipo means for your investment as well as liquidity options in the future. to date, they have not provided any details. we will share any information from the company if and when received.